$SOL Price Slips Bears Dominate the Chart
🔻 Solana Under Pressure as Key Levels Collapse
$SOL is facing renewed downward momentum, breaking below critical zones as sellers tighten their grip. After a phase of range-bound trading, the price has dropped beneath the $163.50–$164.50 level, hinting at a move toward the next support area around $160.00–$159.20.
The recent aggressive sell-off and low buyer interest indicate growing bearish strength.
📉 Market Snapshot:
• Support Areas: $160.00 and $159.20
• Resistance Range: $164.20 – $165.00
• Outlook: Downward bias unless price reclaims $164+
🔍 What to Watch:
The breach below support signals a short-term sentiment shift. Watch how SOL behaves near the $160 area if this zone fails to hold, a deeper pullback could follow. Avoid aggressive entries until signs of a reversal appear.